Breaking News Gets Social, Adding ExactTarget’s Social Media Power Through $2.5 Billion Deal

By | Jun 4, 2013 at 4:24 pm and ExactTarget today announced that they have entered into an agreement under which will acquire ExactTarget in a transaction valued at $2.5 billion. This acquisition will further’s mission to be a world-leading CRM platform by combining ExactTarget’s digital marketing capabilities with…

Breaking News

Seamless and GrubHub to Merge

By | May 20, 2013 at 1:57 pm

Seamless and GrubHub, both sites for ordering takeout, today announced that they plan to merge. Combined, they cover over 20,000 takeout restaurants in over 500 cities in the United States. The new organization will be headed by CEO Matt Maloney, GrubHub cofounder and CEO….

Breaking News

Yahoo! to Acquire Tumblr for $1.1 Billion; Won’t “Screw It Up”

By | May 20, 2013 at 8:12 am

Today, Yahoo! announced that it agreed to acquire Tumblr for $1.1 billion. From the press release: “Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain CEO. The product, service and brand…

Breaking News


WegoWise Raises $3 Million in Funding

By | May 15, 2013 at 10:00 am

Yesterday, WegoWise raised $3 million in additional funding from Boston Community Capital. The platform helps real estate owners compare energy use and efficiency across their buildings to figure out which ones to upgrade first. WegoWise was started in Boston, previously raised $1.9 million from…

Breaking News

Wholesale Food Marketplace Foodem Raises $600K in Angel Funding

By | May 14, 2013 at 10:00 am

Foodem, a DC-based startup and marketplace for wholesale food, yesterday announced $600,000 in angel funding and launched a new version. Their platform allows distributors to compare prices, order food, and use analytics and marketing tools. Panacea Capital Advisors and angel Brian Gaister participated in…

Breaking News

Vox Media Announces Vox Creative

By | Apr 29, 2013 at 1:07 pm

Sitting on the stage at Tech Crunch Disrupt in NYC this morning, CEO Jim Bankoff had two interesting announcements. First, Vox Media will be profitable this year. Second, the formation of Vox Creative, an in-house service to create high quality marketing and advertising for their…

Breaking News

Ecomom Acquired by Etailz, Following the Death of CEO Jody Sherman

By | Apr 24, 2013 at 11:13 am

Ecomom – the startup whose CEO, Jody Sherman, committed suicide in January – today announced that it was acquired by etailz, maker of GreenCupboards. Ecomom had told investors it was shutting down in February due to financial troubles. Now, etailz says it will be…

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Y Combinator Alum Firebase Launches Firepad Collaborative Editor

By | Apr 9, 2013 at 9:30 am

Today, Y Combinator graduate Firebase launched Firepad, which lets developers add collaborative document editing to their apps with a bit of JavaScript. This open-source tool is already used by Atlassian and Socrates. Similar to Google Docs and Treaty, Firepad has the advantage of working…

Breaking News

Take Notes on YouTube, Coursera, and Other Videos with VideoNotes

By | Apr 8, 2013 at 10:33 am

UniShared, a French startup going through the Imagine K-12 accelerator, today released the VideoNotes Google Drive application for taking notes on online videos. The app lets you take notes in the same window; clicking on a section of your notes takes you back to…

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Las Vegas

VegasTechFund Startup Romotive Moving To SF To Continue Robotic Success

By | Mar 15, 2013 at 1:41 pm

Building robots from the Ogden luxury apartment building in downtown Las Vegas, Romotive has been a poster child for the VegasTech movement and one of the first VegasTechFund-funded companies. Today, they announced they will be moving their company from Las Vegas to San Francisco. Obviously,…

Breaking News

DeveloperAuction, the New Startup from Matt Mickiewicz, Raises $2.7 Million

By | Mar 14, 2013 at 3:00 pm

DeveloperAuction, the site where developers can auction themselves off to venture-backed startups, today announced $2.7 million in funding led by NEA and Sierra Ventures. The company was founded by Matt Mickiewicz, the founder of 99designs, along with Douglas Feirstein and Allan Grant. The round…

Breaking News

DC’s Contactually Raises $1 Million in Seed Funding

By | Mar 6, 2013 at 12:35 pm

Contactually, a tool that helps you maintain relationships by recommending when to follow up with contacts, today announced a $1 million seed round led by Point Nine Capital and Boston Seed Capital. The DC startup will use the funding to expand its sales and…

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“March for Innovation”: The Tech Industry’s Response to Immigration Reform

By | Feb 25, 2013 at 8:09 pm

Today, leaders in the tech industry launched the March for Innovation, a virtual “march” – in essence, an online campaign – to encourage US politicians to make immigration policies more open to skilled workers. They support visas for startup founders and employees, and permanent…

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Los Angeles

Hearst Ventures Backs Science Studio With $30 Million Fund

By | Feb 15, 2013 at 1:30 am

Hearst Corporation’s venture arm, Hearst Ventures, is making a minority equity investment in Science Inc, the Santa Monica, California tech startup creation studio. According to All Things D the deal is close to $30 million for a stake above 20 percent. “Hearst is continually looking…

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Kevin Willer Departs CEC and 1871 for Illinois Innovation Accelerator Fund

By | Feb 13, 2013 at 1:03 pm

The Chicagoland Entrepreneurial Center (CEC), the non-profit organization committed to supporting, promoting and growing the startup community in Chicago, today announced that CEO Kevin Willer will be transitioning from his role as CEO to become a partner in local seed stage venture fund, Illinois Innovation Accelerator Fund…

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Fortify Ventures Unveils Second Class of Startups in DC

By | Feb 11, 2013 at 2:57 pm

Today, Fortify Ventures announced its move into the 1776 incubator and a second class of startups for its 20-week accelerator program: legislation interpreter LegCyte, ridesharing site RidePost, fashion marketplace SnobSwap, politics analyzer TrendPo, and travel startup Trip Tribe. Startups receive $25,000, mentorship, and a…

Breaking News


Excelerate Labs Is Now TechStars Chicago Startup Accelerator

By | Feb 1, 2013 at 7:01 am

Today, Excelerate Labs announced they have partnered with TechStars to rename the program TechStars Chicago. This is the first time that TechStars has partnered with an existing program in a new market as they usually create their own program from scratch as seen in New York,…